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Economics of Environmental Health and Well-being

Description: This quiz is designed to assess your understanding of the economics of environmental health and well-being. It covers topics such as the valuation of environmental goods and services, the costs of environmental degradation, and the policies that can be used to improve environmental health and well-being.
Number of Questions: 15
Created by:
Tags: environmental economics environmental health well-being valuation costs policies
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What is the term used to describe the economic value of the benefits that people derive from the environment?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: B
Explanation:

Environmental amenity is the term used to describe the economic value of the benefits that people derive from the environment. These benefits can include things like clean air, clean water, and access to natural resources.

Which of the following is NOT a cost of environmental degradation?

  1. Health problems

  2. Loss of biodiversity

  3. Increased economic productivity

  4. Climate change


Correct Option: C
Explanation:

Increased economic productivity is not a cost of environmental degradation. In fact, it can be a benefit of environmental degradation, as it can lead to increased resource extraction and economic growth. However, this growth is often unsustainable and can lead to further environmental degradation in the long run.

Which of the following policies is NOT designed to improve environmental health and well-being?

  1. Pollution taxes

  2. Cap-and-trade programs

  3. Subsidies for renewable energy

  4. Deregulation of environmental regulations


Correct Option: D
Explanation:

Deregulation of environmental regulations is not designed to improve environmental health and well-being. In fact, it can lead to increased environmental degradation, which can have negative impacts on human health and well-being.

What is the term used to describe the economic value of the costs that people incur as a result of environmental degradation?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: A
Explanation:

Environmental externality is the term used to describe the economic value of the costs that people incur as a result of environmental degradation. These costs can include things like health problems, loss of property, and decreased economic productivity.

Which of the following is NOT a benefit of environmental health and well-being?

  1. Increased life expectancy

  2. Reduced healthcare costs

  3. Increased economic productivity

  4. Increased crime rates


Correct Option: D
Explanation:

Increased crime rates is not a benefit of environmental health and well-being. In fact, environmental degradation can lead to increased crime rates, as it can create conditions that are conducive to crime, such as poverty and social unrest.

What is the term used to describe the stock of natural resources that are available to be used for economic production?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: C
Explanation:

Environmental capital is the term used to describe the stock of natural resources that are available to be used for economic production. These resources include things like forests, minerals, and water.

Which of the following is NOT a type of environmental externality?

  1. Pollution

  2. Climate change

  3. Biodiversity loss

  4. Economic growth


Correct Option: D
Explanation:

Economic growth is not a type of environmental externality. In fact, it can be a driver of environmental degradation, as it can lead to increased resource extraction and pollution.

What is the term used to describe the economic value of the benefits that people derive from the environment, regardless of whether or not they use it directly?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: D
Explanation:

Environmental rent is the term used to describe the economic value of the benefits that people derive from the environment, regardless of whether or not they use it directly. This can include things like the benefits of clean air and water, and the benefits of biodiversity.

Which of the following is NOT a policy that can be used to improve environmental health and well-being?

  1. Pollution taxes

  2. Cap-and-trade programs

  3. Subsidies for renewable energy

  4. Increased economic growth


Correct Option: D
Explanation:

Increased economic growth is not a policy that can be used to improve environmental health and well-being. In fact, it can lead to increased environmental degradation, as it can lead to increased resource extraction and pollution.

What is the term used to describe the economic value of the costs that people incur as a result of environmental degradation, regardless of whether or not they are directly affected by it?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: A
Explanation:

Environmental externality is the term used to describe the economic value of the costs that people incur as a result of environmental degradation, regardless of whether or not they are directly affected by it. This can include things like the costs of health problems, loss of property, and decreased economic productivity.

Which of the following is NOT a benefit of environmental health and well-being?

  1. Increased life expectancy

  2. Reduced healthcare costs

  3. Increased economic productivity

  4. Increased pollution


Correct Option: D
Explanation:

Increased pollution is not a benefit of environmental health and well-being. In fact, pollution can lead to a number of health problems, including respiratory problems, heart disease, and cancer.

What is the term used to describe the stock of natural resources that are available to be used for economic production, but are not currently being used?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: C
Explanation:

Environmental capital is the term used to describe the stock of natural resources that are available to be used for economic production, but are not currently being used. This can include things like forests, minerals, and water that are not currently being extracted or used.

Which of the following is NOT a type of environmental externality?

  1. Pollution

  2. Climate change

  3. Biodiversity loss

  4. Technological progress


Correct Option: D
Explanation:

Technological progress is not a type of environmental externality. In fact, it can be a driver of environmental improvement, as it can lead to the development of new technologies that can reduce pollution and other forms of environmental degradation.

What is the term used to describe the economic value of the benefits that people derive from the environment, regardless of whether or not they use it directly or indirectly?

  1. Environmental externality

  2. Environmental amenity

  3. Environmental capital

  4. Environmental rent


Correct Option: D
Explanation:

Environmental rent is the term used to describe the economic value of the benefits that people derive from the environment, regardless of whether or not they use it directly or indirectly. This can include things like the benefits of clean air and water, and the benefits of biodiversity.

Which of the following is NOT a policy that can be used to improve environmental health and well-being?

  1. Pollution taxes

  2. Cap-and-trade programs

  3. Subsidies for renewable energy

  4. Increased economic inequality


Correct Option: D
Explanation:

Increased economic inequality is not a policy that can be used to improve environmental health and well-being. In fact, economic inequality can lead to environmental degradation, as it can lead to increased resource extraction and pollution.

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